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BEIJING-- The People's Bank of China, the central bank, on Monday conducted the sixth central bank bills swap (CBS) operation in 2020 to improve the liquidity of perpetual bonds issued by commercial banks.

BGI, a Chinese genome-sequencing company, provided technical support to Brunei in setting up a virology laboratory, in addition to testing kits sent in January.

BEIJING — China's value-added industrial output, an important economic indicator, expanded 6.8 percent year-on-year in the first quarter this year, compared with the 6.3-percent increase for Jan - Feb, official data showed Monday. The 6.8-percent growth rose from the 5.8-percent increase in the same period of 2016. It was also higher than the 6-percent annual gain seen in 2016, according to the National Bureau of Statistics (NBS). Industrial output, officially called industrial value added, is used to measure the activity of designated large enterprises with annual turnover of at least 20 million yuan (.9 million). In March, industrial production expanded 7.6 percent year-on-year, NBS data showed. Ownership analysis showed that industrial output of state-holding enterprises was up 6.2 percent in the first quarter, while output of share-holding enterprises grew 6.9 percent. Meanwhile, industrial output of enterprises funded by overseas investors increased 6.9 percent.  

BMW Brilliance and BMW China announced they will donate 10 million yuan this year to the China Education Development Foundation to join forces and establish the China Education Development Foundation-BMW Warm Heart Fund.

BEIJING -- The Chinese mainland on Friday issued a circular requiring coordinated efforts to support the development of Taiwan-funded enterprises and advance Taiwan-funded projects amid the coronavirus epidemic.